Spicejet Ltd — Important, 05-09-2025: Company Update

SpiceJet has announced a board meeting on September 8. The board will consider key proposals, including the preferential issuance of equity shares to aircraft lessors, converting their existing outstanding dues. They will also address the allotment of equity shares under the Employee Stock Option Scheme – 2017. Separately, the trading window for dealing in company securities remains closed for designated persons until September 10. This meeting is crucial for addressing outstanding debt through equity conversion and incentivizing employees.